Savant Capital LLC Has $266,000 Position in The Marcus Co. (NYSE:MCS)

Savant Capital LLC trimmed its holdings in shares of The Marcus Co. (NYSE:MCS) by 83.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,371 shares of the company’s stock after selling 63,999 shares during the period. Savant Capital LLC’s holdings in Marcus were worth $266,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. nVerses Capital LLC bought a new stake in Marcus during the 3rd quarter valued at $32,000. CWM LLC grew its position in shares of Marcus by 98.8% during the 3rd quarter. CWM LLC now owns 5,709 shares of the company’s stock valued at $86,000 after acquiring an additional 2,837 shares during the period. Creative Planning purchased a new position in shares of Marcus during the 3rd quarter valued at $159,000. SG Americas Securities LLC purchased a new position in shares of Marcus in the third quarter worth about $194,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Marcus in the third quarter valued at approximately $432,000. 81.57% of the stock is owned by institutional investors.

Marcus Stock Up 1.2 %

Shares of Marcus stock opened at $22.26 on Wednesday. The Marcus Co. has a 1 year low of $9.56 and a 1 year high of $23.16. The firm has a market cap of $700.92 million, a price-to-earnings ratio of -65.48, a PEG ratio of 3.12 and a beta of 1.53. The company has a 50-day moving average of $20.98 and a 200 day moving average of $18.43. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.54.

Marcus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be given a $0.07 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.26%. Marcus’s dividend payout ratio is currently -82.35%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barrington Research reaffirmed an “outperform” rating and set a $24.00 price objective on shares of Marcus in a research note on Wednesday, November 13th. StockNews.com upgraded Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Benchmark reissued a “buy” rating and issued a $25.00 target price on shares of Marcus in a research note on Thursday, January 30th.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.